Present bias and the inefficiency of the centralized economy : the role of the elasticity of intertemporal substitution
Year of publication: |
2020
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Authors: | Cabo García, Francisco José ; Martín Herrán, Guiomar ; Martínez-García, María Pilar |
Published in: |
Economic modelling. - Amsterdam [u.a.] : Elsevier, ISSN 0264-9993, ZDB-ID 86824-3. - Vol. 93.2020, p. 702-716
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Subject: | Endogenous growth | Elasticity of intertemporal substitution | Non-constant discounting | Social welfare | Time-consistent solutions | Substitutionselastizität | Elasticity of substitution | Intertemporale Entscheidung | Intertemporal choice | Theorie | Theory | Diskontierung | Discounting | Endogenes Wachstumsmodell | Endogenous growth model |
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